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3704 Greenwood

Maplewood, MO 63143
$1,995,000
Photo of 3704 Greenwood Maplewood MO 63143

Details

Incredible opportunity to purchase the Greenwood Apartments in Maplewood, MO to qualified investors. The property consists of 24, 1 bd/1 bth units. This opportunity has great upside potential by bringing rents to market rate and making cosmetic updates. In place rents are well below market with an average upside of $193. 15/24 units have been updated with new flooring and some updates to the bathrooms. There is potential to finish renovating the remaining units and to also incorporate in-unit laundry, which would add even higher rent potential.

Specs

Type Multi-Family
Year Built 1971
Taxes Paid $16,475

Lots & Building Features

Cooling Wall Unit(s)
Heat Source Electric
Heating Baseboard
Parking Description Space/Unit - 1
Sewer Public Sewer
Tax Year 2024
Water Public
Lot Dimensions 120 x 143 ft

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Financing

$
20%
0.82581453634085%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Maplewood
County St Louis
School District Maplewood-Richmond Heights
Subdivision Greenwood

Schools

Elementary School Mrh Early Childhood Center
Junior High School Mrh Middle
Senior High School Maplewood-Richmond Hgts. High
Timothy McCarthy, Salient Realty Group, LLC